Tag: ruble

Take Your Money and Run: Russians and Ukrainians Invest Their Funds in the US

Take Your Money and Run: Russians and Ukrainians Invest Their Funds in the US

Epoch Times

“Many of our clients who were making substantial money in the oil sector had to sell, went bankrupt, and are putting money back into the businesses in order not to lose their businesses. They have to diversify into other means of getting income, and real estate has become a very popular alternative to their investments in their own country,” says Edward Mermelstein, founding partner of Rheem Bell & Mermelstein LLP.

putin epoch times

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Global gloom props up dollar … and NYC real estate

Global gloom props up dollar … and NYC real estate

The Real Deal

“We’re in a strong position compared with the rest of the world,” said Ed Mermelstein, a founding partner of real estate law firm Rheem Bell & Mermelstein.

“When the prices of commodities and currency are heading downward, holding real estate in the U.S. is better than holding the gold standard of yesteryear.”

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